We are accustomed to describing a solution in terms of the concentration of the one or more solutes. However,manyoftheimportantphysicalpropertiesofasolutiondependmoredirectly
Endowment plan is a combination of insurance and investment. In term plan which is a pure insurance there is no maturity benefit. It means if a person dies during the term of policy then only his beneficiaries will get some money otherwise at maturity, at the end of the term there is no benefit.
This can have significant tax implication for the insured, though. An endowment life insurance policy is a form of insurance that âmaturesâ after a certain length of time, typically 10, 15 or 20 years past the policyâs purchase date, or when the insured reaches a specific age. If the insured dies before the policy matures, the policyâs beneficiaries are paid a stated death benefit.